Terreno Realty Corporation (TRNO)
Market Cap | 5.98B |
Revenue (ttm) | 365.40M |
Net Income (ttm) | 165.21M |
Shares Out | 99.74M |
EPS (ttm) | 1.79 |
PE Ratio | 33.47 |
Forward PE | 37.22 |
Dividend | $1.96 (3.27%) |
Ex-Dividend Date | Sep 30, 2024 |
Volume | 490,849 |
Open | 60.16 |
Previous Close | 60.52 |
Day's Range | 59.64 - 60.25 |
52-Week Range | 53.78 - 71.63 |
Beta | 0.92 |
Analysts | Hold |
Price Target | 69.00 (+15.13%) |
Earnings Date | Nov 6, 2024 |
About TRNO
Terreno Realty Corporation (“Terreno”, and together with its subsidiaries, the “Company”) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. All square feet, acres, occupancy and number of properties disclosed in these notes to the consolidated financial statements are unaudited. As of December 31, 2023, the Company owned 259 buildings aggregating approximately 16.0 million square feet, 45 improved land... [Read more]
Financial Performance
In 2023, Terreno Realty's revenue was $323.59 million, an increase of 17.15% compared to the previous year's $276.21 million. Earnings were $150.75 million, a decrease of -23.54%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for TRNO stock is "Hold." The 12-month stock price forecast is $69.0, which is an increase of 15.13% from the latest price.
News
Terreno Realty Corporation Announces Redevelopment Completion in Hawthorne, CA
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Redevelopment Completion in Hawthorne, CA.
Terreno Realty Corporation Sells Property in Union City, CA for $13.0 Million
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in Union City, CA for $13.0 Million.
Terreno Realty Corporation Announces Lease Renewal in Jamaica Queens, NY
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease Renewal in Jamaica Queens, NY.
Terreno Realty Corporation Declares Quarterly Dividend, Announces New Stock Repurchase Program and Files Third Quarter 2024 Financial Statements
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Declares Quarterly Dividend, Announces New Stock Repurchase Program and Files Third Quarter 2024 Financial Statements.
Terreno Realty Corporation Announces Development Start in Hialeah, FL
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Development Start in Hialeah, FL -Building 34 70% pre-leased.
Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity.
FMR LLC Bolsters Stake in Terreno Realty Corp
On September 30, 2024, FMR LLC (Trades, Portfolio), a prominent investment firm, expanded its holdings in Terreno Realty Corp (TRNO, Financial) by acquiring an additional 1,460,862 shares. This transa...
Terreno Realty Corporation Announces Lease in Elizabeth, NJ
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease in Elizabeth, NJ.
Terreno Realty Corporation Announces Development Completion in Hialeah, FL
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Development Completion in Hialeah, FL.
13 Upcoming Dividend Increases Including 2 Kings
Next week features 13 dividend increases, including Illinois Tool Works (7.4%) and Federal Realty Investment Trust (0.9%), both Dividend Kings. My strategy focuses on buying, holding, and adding compa...
Terreno Realty Corporation Closes $800 Million Unsecured Credit Facility
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Closes $800 Million Unsecured Credit Facility.
Terreno Realty: Valuation Premium Makes It Inferior Pick In The Industrial Sector
Terreno Realty Corporation operates in high-density coastal markets with a strong portfolio, focusing on warehouse, light industrial, R&D, and transshipment properties. Despite market oversupply and c...
Terreno Realty: Strong NOI Growth Is Already Priced In
Terreno Realty is an industrial REIT focused on Warehouse/distribution properties, with the company's largest market being Northern New Jersey/New York City. The shares have marginally outperformed th...
Terreno Realty Corporation Announces Leases in Sunnyvale, CA
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Leases in Sunnyvale, CA.
Terreno Realty Corporation Announces Lease in San Leandro, CA
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease in San Leandro, CA.
Terreno Realty Corporation Announces Lease Renewal in Torrance, CA
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease Renewal in Torrance, CA.
Terreno Realty Corporation Increases Quarterly Dividend by 8.9% and Files Second Quarter 2024 Financial Statements
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Increases Quarterly Dividend by 8.9% and Files Second Quarter 2024 Financial Statements.
Terreno Realty Corporation Acquires Property in Washington, D.C. for $7.6 Million
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Acquires Property in Washington, D.C. for $7.6 Million.
Terreno Realty Corporation Announces Lease in Hialeah, FL
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease in Hialeah, FL.
The REIT Way To Invest
Stocks, especially the tech-heavy Nasdaq, plummeted on Wednesday with the Dow dropping 1.25%, S&P 500 falling 2.31%, and Nasdaq cratering 3.64%. Tech stocks took a hit after lackluster Alphabet and Te...
Terreno Realty Corporation Announces Lease Renewal in Carson, CA
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease Renewal in Carson, CA.
2 Under-The-Radar REITs
Marko Kolanovic predicts a stock market plunge of more than 20% to 4,200 by the end of the year. Historically, positive first-half returns for the S&P 500 lead to positive second-half returns, but ele...
The State Of REITs: June 2024 Edition
After a rough start to the year, REITs partially bounced back in May with a +2.51% average total return. Small-cap REITs (-0.48%) averaged a negative return in May, but micro caps (+5.09%), large caps...
Terreno Realty Corporation Adds Independent Director
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Adds Independent Director.
Terreno Realty Corporation Announces Leases in Fremont, CA
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Leases in Fremont, CA.